www.mccully.co.nz 29 July 2005
Planning to build up a share portfolio, or maybe buy some residential or even commercial property, but found the interest costs just kill the deal? Fear not.
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UPDATE: Fannie, Freddie Stocks Fall After Mortgage Plea Rejected (Nasdaq) WASHINGTON (Dow Jones) -- Shares of mortgage-finance giants Fannie Mae and Freddie Mac fell Monday morning following a decision on Friday by the companies' regulator to reject Fannie's request to
Lehman Profit Beats Estimates as Equities Offset Mortgage Woes (Bloomberg.com) Sept. 18 (Bloomberg) -- Lehman Brothers Holdings Inc., the largest U.S. underwriter of mortgage-backed bonds, said profit fell less than expected as fees from equities trading and investment banking offset
Macquarie acquires Canadian mortgage company (Banking Business Review) Australian banking institution Macquarie Group has completed its acquisition of Cervus Financial Corp for C$12.5 million as part of the groups international expansion of its mortgage activities.read more...
U.S. mortgage rates inch up; volatile week may be ahead (Market Watch) CHICAGO (MarketWatch) -- Mortgage rates moved slightly higher over the week, according to Freddie Mac's survey released on Thursday. But rates could experience more movement over the coming week as
Jumbo Loans Are Reborn, But Terms Are Stiffer Your tax rebate check won't arrive until May, but the economic stimulus plan's new super-size loans for buyers in high-cost housing areas have hit the market. read more...
Contractor run over by container lorry A building contractor was run over by a container lorry near Kunrathur yesterday.via